Taking over. After 15 years of work in the hands of the Arequipa Government, US$850 million were lost each year in agriculture.
The Regional Government of Arequipa (Gore Arequipa) officially transferred control of the works to the central government, after 15 years of paralysis of the works of Majes Siguas, the emblematic irrigation project of the south of the country.
Kissed by President Dina Boluarte, the Minister of Agrarian Development and Irrigation, Ángel Manero, guaranteed that the work will respect the planned deadlines, so the execution of the works could begin in the second half of 2025 and Majes II in 2026.
The mega-project would require a historic investment of S/7,000 million, in order to expand the agricultural frontier with 38,500 new hectares of crops. In parallel, the defense of the arbitration proceedings in progress against Cobra will be carried out, which is asking Gore for US$1,400 million in arbitration in the US.
“Majes confirms that our Government is unblocking and reactivating the country’s main water infrastructure projects. We did it with Chavimochic, in La Libertad; Alto Piura, in Piura; Iruro, in Ayacucho and Arequipa; and Chinecas, in Ancash,” said the Head of State.
According to figures compiled by the Peruvian Institute of Mining Engineers (IIMP), nearly US$850 million worth of agricultural products were lost each year due to the shutdown of Majes. The project includes the maintenance and rehabilitation of Majes I, which has not been supplied for 40 years.
Source: Larepublica
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